GOOG Creates New High

Google (NASDAQ: GOOG) share broke the old 52-week barrier of $597.31 to create a new high of $600.37. The infamous host of CNBC’s Mad Money Jim Cramer has set a new target price for GOOG at $700. The Mountain View, California-based company had witnessed impressive growth in its display advertising business from the start of the year until Q3. Google has launched a number of tools for display advertisers on its content network in this year and is set to launch its Nexus One phone soon.